Reply to Syracuse University issues financial warning as admissions slump: We’re in the red

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]"In an email to staff and faculty, Chancellor Mike Haynie said SU did not hit its undergraduate enrollment target for next year. As a result the school will not bring in enough revenue to cover its spending.

“This a moment for urgency and purpose — not panic. Universities that respond with focused, strategic effort will emerge stronger. Those that do not will find their options narrowing," Haynie said in the email. “I am committed to ensuring Syracuse is in the former category.”

https://www.syracuse.com/syracuse-university/2026/06/syracuse-university-issues-financial-warning-as-admissions-slump-were-in-the-red.html

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A lot of these types of colleges- private, not particularly selective, are going to be in this predicament.  We are seeing a piling in of applications to T50 colleges.  If you are a private college whose cost of attendance approaches $95,000 per year and you are, for better or worse, perceived as being a mediocre/non-selective college, the competition to attract high achieving students is fierce.[/quote]

There are a decent amount of families  - with VERY average kids - that can pay $95k per year.

[/quote]

First of all, for all of the hating on Syracuse, I wouldn't call the students "VERY" average. Yes, it is not an Ivy or close. But there are plenty of bright kids there. Particularly since the average students there are interacting with kids from the more selective programs.

Also, there are some parents with plenty of money who want their kids surrounded by kids from like backgrounds. Particularly in the northeast, the state schools tend to be an upward mobility mechanism for middle class kids and below. Families with money, for better or worse, don't necessarily want to be a part of that and would rather have their kids be around others from similar backgrounds, even if they theoretically aren't as bright. You can call them snobs or whatever you want but such is life - you want to give your child every chance to get ahead and some consider this a way of doing so. IYKYK.[/quote]

Problem is, many of these kids from the Northeast don’t want to go to school there. They are flooding southern same tier schools like Miami, Tulane, SMU, etc. [/quote]

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